Railway Budget is going to be presented along with the General Budget on February 1, 2020 and this time there are a lot of expectations from the Railway Budget. While Prime Minister Narendra Modi's dream is to make Indian Railways the growth engine of the economy, it is expected that "this time the government can open its box for the railways". Let us tell you that the central government. The focus is on infrastructure, and this time the government can announce several measures to expand the railway and modernize it.
Yes, it is being told that this time there is also an expectation to give more emphasis on the infrastructure related to railways, because this time the capital expenditure (capital expenditure) is expected to increase by 18%. With this, the railways' capex for the current financial year is Rs. 1.6 lakh crores, which can be increased to Rs. 1.8 or 1.9 lakh crores and in view of the need for expansion of railway related infrastructure, Finance Minister Nirmala Sitharaman has recently set a target of 18% growth in railway capex every year for the next 10 years by releasing the National Infrastructure Pipeline (NIP). Now it is expected that this time the Railways will get 10% more budget than the previous budget. Yes, there is news that the next railway budget can focus on three things, which is infrastructure, connecting private players and security. At the same time, this time the railways can get around 72000 crores as compared to 65837 crores in 2019-20.
Yes, it is being told that this time in the Rail Budget, there is a possibility of expansion of train set 18 or Vande Bharat trains and in this budget, the government's stance can be more clear in the case of private trains also. With this, five more trains can be given to IRCTC, which will be run by IRCTC first and later can be assigned to private players. At the same time, under the mission speed upgrade, trains running on many more routes can be upgraded to 160 average speed and budgetary arrangements can also be made to achieve 100% electrification target in the budget. Along with this, it is being said that money can be announced in the budget to modernize the signaling system. There are also reports that real time monitoring of trains will become easier in the coming times and passengers can also be given facilities like entertainment, Wi-Fi at trains and stations.
Also Read:
Flood havoc in Indonesia, 7 died as bridge collapsed
CAA: Women with children persisting in protest even in cold winter
Mamata Banerjee's rally in Darjeeling against CAA says- "Proposal will be passed against this law"